Payrolls Increase in 32 States, Led by Indiana and Texas - Bloomberg

Payrolls increased in 32 states in April, while the unemployment rate dropped in 37, indicating the labor market improved across much of the U.S.
Indiana […]

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Postal plants to shrink, 28,000 jobs at stake

The U.S. Postal Service announced on Thursday it’s moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two […]

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Wholesale prices down

A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. Outside that drop, prices barely rose.
The Labor […]

Safeway shuns tiny pig cages

Safeway is the latest corporate giant to publicly shun the use of tiny cages that immobilize pregnant sows which have been condemned by animal […]

Oil falls to near $96 as US crude supplies grow

Oil prices fell to near $96 a barrel Thursday in Asia after U.S. crude supplies rose to a 22-year high, suggesting demand remains weak.
Benchmark oil […]

RBA Cuts Growth, Inflation Forecasts on Weaker Jobs - Bloomberg

The Reserve Bank of Australia cut growth and inflation forecasts as weak labor and housing markets keep price gains in check, underscoring its decision this […]

US stocks dip after conflicting economic reports

Wall Street gnawed on a muddle of economic data and corporate earnings Thursday, pushing stocks lower after a brief rise.
The American consumer’s buying power was […]

Wynn Macau gets OK for Cotai casino development

The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday for a new casino in the Cotai district of Macau, the world’s […]

World Bank Assesses Myanmar

The World Bank is helping assess Myanmar

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